Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | Launch 02MAR14 | IPO Available
by
Lordoftherigs
on 26/02/2014, 14:56:38 UTC
I like the idea of this coin but the IPO seems very imbalanced.

for 0.1BTC you can get 3.8 million coins. That is exactly 190 blocks at their highest values ( as the block rewards will be halving ). Now with one minute time per block imagine how hard will be to mine this amount of GPU blocks. It will literally take you months if you have a good rig. 

These amounts for which the GPU coin is being sold right now in IPO will also determine the value of the coin. I know that this coin is aimed to be used for buying GPU but if you can get 3.8 milion coins for 0.1 btc then price of a graphic card will be like 20 million coins or more. In my opinion ridiculously huge amount and totally unobtainable by mining.